Andy Warhol's Interview magazine is folding

Interview magazine, founded by Andy Warhol in 1969, is shutting down, several staff members confirmed Monday.

The magazine featured celebrities interviewing one another, and covered art, entertainment, pop culture, and fashion. Editor Ezra Marcus told CNNMoney that the magazine is "folding both web and print effective immediately," and employees found out during a meeting that the company is filing for bankruptcy. In 1989, billionaire Peter Brant purchased Interview from Warhol's estate.

The past several months were tumultuous for the magazine, with its former editorial director suing for back pay and the fashion director resigning after being accused of sexual misconduct.

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